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Morey might have cost the nba 4 billion dollars

Discussion in 'Houston Rockets: Game Action & Roster Moves' started by Air Langhi, Oct 8, 2019.

  1. TilmanFinancialWindfall

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    Yup. So true. Like dealing with the devil and now NBA is going to hell
     
    alcatrazpsycho likes this.
  2. TilmanFinancialWindfall

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    Uncle Dennis rodman will save us!!!

    Time for rodman to sit down with Chairman Mao and put this tweets to rest. A title beer and some sleazy KTV girls and everything will be a happy ending
     
  3. Newlin

    Newlin Member

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    If it hadn't been a tweet by Morey, then it would have been someone else saying something to tick off China. It was only a matter of time. Kinda silly for the entire world having to walk on eggshells to appease China. Enough is enough.
     
    GotGame15, D-rock, Patience and 2 others like this.
  4. dmoneybangbang

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  5. WNBA

    WNBA Member

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    Trump could be the next perfect owner after he is impeached.
     
  6. TilmanFinancialWindfall

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    At least we know Trump would keep the Rockets girls
     
  7. TheRealAllpro

    TheRealAllpro Morey only fan

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    What does China even want? They apologized for hurting their feelings.
     
  8. Jontro

    Jontro Member

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    they want the us and a to give part of their territory to china.
     
  9. duluth111222

    duluth111222 I.D.I.O.T

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    For this reason alone, Morey may have to resign. How is he going to be able to do business with other owners/GMs/players holding grudges against him since he costs them dearly? Not to mention his own boss who may be the most pissed among all.
     
  10. jayland

    jayland Member

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    Lovemachine2000 likes this.
  11. kjayp

    kjayp Contributing Member

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    as I stated elsewhere... Silver shoulda left the Nene contract alone... I think he got Durrell riled up - and u see what happens... ;) lol
     
    hakeem94 likes this.
  12. hooroo

    hooroo Member

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    #BoycottTheNets
     
    D-rock likes this.
  13. bingsha10

    bingsha10 Member

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    D-rock likes this.
  14. Red.Glare

    Red.Glare Member

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    Unfortunately no. China blocks over 8,000 sites with their "Great Firewall" to protect its citizens from the evil West. Common sites here such as Google, Facebook, Youtube, Yahoo, Western news sources, Netflix, Wikipedia and Twitter are blocked. So no dark web without a VPN which often fails to work and is risky for Chinese citizens to use if caught according to a few friends of mine there.
     
    D-rock and hakeem94 like this.
  15. thetennisyao

    thetennisyao Member

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    Any example of anyone gotten caught for using VPN? I use VPN everyday, and I didn't hear anyone got caught.
    If what you say is true, then I should be worried.
     
    hakeem94 and freyzhang like this.
  16. Will

    Will Clutch Crew
    Supporting Member

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    Now that’s something a Rockets insider could tell us. What role did the revenue stream from China play in the franchise valuation as presented to Fertitta? Is there a paper trail with specific figures?
     
  17. crimsonghost

    crimsonghost Member

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    $4 billion over 20 years for 30 teams. Thats like 7 mil a year per team. I am sure it hurts us more, but the NBA doesn't "need" China.
     
  18. MC31B

    MC31B Member

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    This will all blow over after the trade war ends. China is just getting desperate.
     
  19. Matt78777

    Matt78777 Contributing Member

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    Silver’s plan B: ok guys, can we get this gambling thing legal yet? I need prop bets from the nba app during games like yesterday!
     
    Miracle and hakeem94 like this.
  20. heypartner

    heypartner Contributing Member

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    The title to the Forbes article seems off.
    • The NBA's total revenue for 2018 was around $8B.
    • Are you telling me 50% of NBA revenue is from China? I don't think so.
    I think that $4b number meant all revenue for all years "up to 2018", as article says.

    Out of the $8B for 2018
    1. Total NBA revenue on merchandizing is $1b per year.
    2. The Tencent contract is just $1.5b, spread over 5 years (per the OP article), which is $300m/ year.
    3. I assume Sky Sports and other European/Aussie/SA markets have similar deals, in sum.
    4. The entirety of US market NBA TV contract for TNT, ESPN and ABC is $24b over 9 years = $2.6b/yr.
    5. Total corporate sponsorship revenue is about $1B/yr. Nike signed a $1b contract for 8yrs (as example).
    6. The majority of the rest is ticket sales and concessions.
    https://www.investopedia.com/articles/investing/070715/nbas-business-model.asp
     
    #60 heypartner, Oct 8, 2019
    Last edited: Oct 8, 2019

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